{"schema_version":"secwatch.filing_event.v1","accession":"0002024218-25-000068","form_type":"8-K","ticker":"SMC","cik":"0002024218","company_name":"Summit Midstream Corp","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.353079+00:00","generated_at":"2026-05-16T22:42:21.403811+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SMC Q3 adj. EBITDA $65.5M (+7.2% QoQ); FY2025 guidance near low end of $245M-$280M","bullets":["Net income $5.0M; DCF $36.7M; FCF $16.7M for Q3 2025.","Adj. EBITDA up 7.2% from Q2; natgas throughput 925 MMcf/d (+1.4% QoQ).","FY2025 adj. EBITDA expected near low end of $245M-$280M guidance due to customer timing.","109 wells connected YTD, ~50 expected in Q4; over 120 new well connects expected H1 2026.","ABL revolver $150M drawn, $349M available; interest coverage 2.7x, leverage in compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0002024218-25-000068","json":"https://secwatch.observer/filing/0002024218-25-000068.json","markdown":"https://secwatch.observer/filing/0002024218-25-000068.md","text":"https://secwatch.observer/filing/0002024218-25-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2024218/000202421825000068/0002024218-25-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2024218/000202421825000068/smc-20251110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:42:21.403811+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}